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India cannot own every AI layer, but open ecosystems and optionality can avoid vendor lock-in and establish control over critical data, governance and infrastructure, said industry leaders. View the full article

Last week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, Broadcom and Marvell remained well below their recent highs, as investors questioned whether the industry’s trillion-dollar infrastructure buildout could generate sustainable returns. View the full article

Voice AI goes mainstream as enterprises move beyond pilots, with large language models enabling natural conversations and driving demand for multilingual, secure AI agents at scale. View the full article

The government has also deployed a combination of open source models, which includes Sarvam, to plug gaps in critical infrastructure. This comes as the Indian government as well as local companies are still in discussions with the US government to get access to Mythos, dubbed to be the most powerful AI model developed so far. View the full article

This shows India's growing importance across Anthropic's markets. India accounts for about 6% of global Claude usage. The AI giant opened an office in Bengaluru earlier this year and roped in former Microsoft MD Irina Ghose to head operations. View the full article

Top economists and scientists have issued an open letter urging immediate action. They warn artificial intelligence could transform economies and displace many workers. This transformation may be larger than the Industrial Revolution, occurring much faster. Leaders must establish incentives and guardrails to guide AI development. Collective, democratic choices are needed to ensure AI benefits all citizens. View the full article

Blomfield was at YC as a partner, mentoring founders across multiple batches after building two unicorns. He was awarded an OBE (Officer of the British Empire) in 2019 for his contribution to competition in banking. View the full article

Microsoft CEO Satya Nadella highlighted risks businesses face with AI adoption. He warned companies could lose valuable organizational knowledge through AI interactions. Tech leaders responded to Nadella's "Reverse Information Paradox" concerns. Some executives agreed, while others noted existing protections. Discussions are ongoing regarding AI's impact on intellectual property and data control. View the full article

Global memory chipmakers are expanding production capacity to meet AI demand. Samsung, SK Hynix, and Micron are investing billions in new facilities. These companies aim to secure supply for high-bandwidth and DRAM chips. Industry experts anticipate continued tight supplies for several years ahead. Capacity growth will determine memory makers' future market performance. View the full article

Companies gain little by adding AI to existing processes. True benefits emerge after redesigning work around AI. Most organisations use AI within current operating models, yielding only incremental gains. Reinventing execution, not augmenting it, offers the real breakthrough opportunity. Organisations redesigning work around hybrid human-AI teams achieve substantially better outcomes. View the full article

The White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity demand without raising consumer costs. Several major tech firms previously signed a similar pledge to fund infrastructure. The new event will broaden commitments and include governors from key states. Administration officials seek to assure voters that AI growth and lower energy costs can coexist. View the full article

Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers to AI training in Australia, "particularly copyright reform". View the full article

South Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae Myung said Monday, describing a "golden window" of opportunity. "These revenues are a valuable national resource that should be invested during the golden window when the global race for AI leadership is being decided," Lee said. View the full article

South Korea plans record budget spending exceeding 800 trillion won for fiscal 2027. This significant spending will be supported by stronger tax revenues from the AI chip industry. The government will prioritize investments in chips, AI data centers, and physical AI technologies. Existing spending programs will undergo major restructuring to secure necessary funding capacity. A new Future Response Fund will strategically invest excess tax revenue in key areas. View the full article

Indian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conflict add pressure to the sector. Taiwan Semiconductor Manufacturing Company's results will offer a key reality check for the AI boom. Tech Mahindra expects margin expansion from cost-cutting and a large telecom deal. Reliance Industries' earnings were supported by retail and oil-to-chemicals business performance. View the full article

The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The plan is to use custom-built silicon to improve the AI that powers its Facebook and Instagram social media platforms. View the full article

In a post on X, the company said, "We're extending Claude Fable 5 access on all paid plans, as well as keeping Claude Code’s weekly rate limits 50% higher, through July 19." View the full article

Tata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intelligence acquisitions. This strategy aims to create new business opportunities rather than disrupt outsourcing. TCS believes deep client knowledge is key to integrating and deploying AI systems. The firm is investing significantly in talent development and AI accessibility. View the full article

Vaishnaw said rapid advances in AI are reshaping the global technology landscape and require continuous learning and innovation. He urged the IT industry to seize the opportunity by developing next-generation technology solutions and strengthening India's position as a global technology leader. View the full article

Johannes Heidecke, OpenAI's head of safety systems, is leaving the company. Vice president of research and head of alignment Mia Glaese will take on an expanded role overseeing both the company's research and safety teams, while Saachi Jain has been appointed interim head of safety systems and will report to Glaese, Wired reported. View the full article

Karnataka's IT Minister met Anthropic India's MD to discuss the state's AI vision. Discussions focused on building advanced AI skillsets and forging strategic partnerships for skilling. According to a statement from the minister's office, the two sides also deliberated on establishing Centres of Excellence and incubators to strengthen AI research, innovation and entrepreneurship in the state. View the full article

Meta discontinued its new AI image generation feature after significant criticism. The tool allowed image creation using public Instagram accounts without explicit user consent. Actors and a Hollywood union voiced strong objections regarding privacy concerns. Meta stated the feature missed the mark and is no longer available. This reversal highlights growing user control demands for AI content usage. View the full article

The United States has eased export controls on the United Arab Emirates. This change allows easier access to Nvidia AI chips and military equipment. Approved UAE companies and US firms operating there will receive license-free advanced computing items. This move strengthens US-UAE relations and supports American technology companies. The decision follows decades of cooperation against Iran and its proxies. View the full article

Altera, a chip maker spun from Intel, is experiencing significant annual growth. The company anticipates strong performance driven by artificial intelligence and robotics applications. Altera is also preparing for a potential public listing in the near future. They have reduced reliance on Intel and are using advanced memory technology. This strategic positioning aims to capitalize on future market opportunities. View the full article

Music organisations have introduced a voluntary labeling system for AI-generated content. This system aims to inform listeners about the use of artificial intelligence in music. Two labels will distinguish between fully AI-generated and AI-assisted recordings. Streaming services are closely monitoring this development for enhanced transparency. The proposed labels seek broad global adoption across various platforms. View the full article